Om Namo Venkatesaya

RBI might stop printing Rs. 2,000 Notes


Reserve Bank of India (RBI) might stop printing of Rs. 2,000 notes as traders are facing losses, without return change and people are unable to use them. It is learnt that the currency notes printing press in Mysuru has been asked to stop printing Rs. 2,000 notes, temporarily and start printing Rs. 100 and other smaller denomination notes on a large-scale. Small traders are facing huge losses as they are unable to give back change to customers coming to them with the new pink note. Meanwhile, Supermarkets that carryout cashless transactions have hiked the prices of all items, like vegetables, as many with credit and debit cards are approaching them buying essentials.